Nicolas Cage Sued By Bank For Defaulting On $2 Million Loan


Posted on Oct 02, 2009 @ 06:42PM  
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Oscar-winning actor Nicolas Cage is being sued for breach of contract, RadarOnline.com has learned.

Nicolas Cage Court Documents

According to the lawsuit filed in LA Superior Court by East West Bank, Cage defaulted on a line of credit totaling $2,000,000 in August of 2007. Court papers say the actor failed to make payments of principal, interest and late charges.

EXCLUSIVE PHOTOS: Nicholas Cage Selling Bel Air Kingdom

East West Bank is suing for damages, including the amount of the loan, additional late charges, interest and legl and attorneys fees



No matter how much money a person makes. we all do this and if you say you don't, well your lying to yourself and to everyone else. If you look at your credit report, I'm sure you will find one you forgot... we all make bills according to our income

by angela_fay67
Posted Sun, 10/04/2009 - 8:09pm

Are there nude photos of this homosexual?

by Mrs Patrick Campbell
Posted Sat, 10/03/2009 - 5:03am

What is wrong with these irresponsible actors/actresses?? They make huge money but still cannot pay their bills! They live way above their means and then find their is no money left, wise up IDIOTS!

by hankie123
Posted Fri, 10/02/2009 - 11:06pm

Typical. Just sayin...

by Just sayin
Posted Fri, 10/02/2009 - 10:48pm

the money celebs make is in the millions with just 1 movie!just don't understand about the bill thing I suppose celebs think they are untouchable! or when I get ready to pay I will

by 8enough
Posted Fri, 10/02/2009 - 6:58pm

what is wrong with the celebs not paying their bills? I'm poor & pay my bills might have enough to shop at GOODWILL!

by 8enough
Posted Fri, 10/02/2009 - 5:46pm

I agree 8... this guy makes millions a movie, although he's a horribly wooden actor he gets a lot of work.

by mila
Posted Fri, 10/02/2009 - 6:52pm